GDP growth in last 2 years of UPA rule below projections: Niti Aayog

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Niti Aayog has said that the actual performance of India's economy during the last two years of the UPA government (2012 -13 and 2013-14) was worse than the 'policy logjam' scenario envisaged in the 12th Five Year Plan.

In its appraisal of the 12th Five Year Plan (2012-17), the Aayog said that when measured at factor cost, the real GDP growth under the old methodology turns out to be 4.5 per cent in 2012-13 and 4.7 per cent in 2013-14.

The Aayog has said in its appraisal document that because the Twelfth Plan projections were based on the old series, it may be reasonably concluded that at least in 2012-13 and 2013-14, India has performed worse than the 'policy logjam' scenario.